Scholarships, Grants, and Loan Trends at Nuvani Institute

-15%

Received Percent Changed

-$1,090

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 78, which is 95.44 % of all undergraduate students. 73 students which is 88.89% of undergraduate students received federal student loans and the average loan amount is $3,856.

For full-time, first-time beginning students (freshmen), 96.56% of students received grants or scholarships and 90% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Nuvani Institute since 2014.

For that period, the average number of students who received grants aid/scholarships is 78, which is 95.44 % of all undergraduate students. 73 students which is 88.89% of undergraduate students received federal student loans and the average loan amount is $3,856.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1570 (96%)$7,90670 (96%)$5,69966 (90%)$3,477
2015-1676 (96%)$6,57776 (96%)$5,68065 (82%)$3,335
2016-1769 (97%)$6,95469 (97%)$5,81360 (85%)$2,904
2017-1884 (95%)$5,66572 (82%)$5,83672 (82%)$3,418
2018-1975 (99%)$5,82975 (99%)$5,59270 (92%)$2,643
2019-2072 (100%)$6,14372 (100%)$5,81571 (99%)$3,288
2020-2193 (97%)$5,55893 (97%)$5,49192 (96%)$3,921
2021-2282 (98%)$6,82582 (98%)$5,99780 (95%)$6,125
2022-2380 (81%)$6,81680 (81%)$5,57678 (79%)$5,596
Average78 (95.44%)$6,47577 (94.00%)$5,72273 (88.89%)$3,856
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 78 (96.56 % of students) received grants or scholarships and its average amount is $5,799. It can cover 39.72% of tuition & fees ($14,600).

In addition, 73 (90.33 % of students) students get helped from the students loans (average amount : $3,985).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1570 (96%)$5,79468 (93%)$3,315
2015-1676 (96%)$5,97965 (82%)$3,516
2016-1769 (97%)$6,01660 (85%)$2,998
2017-1884 (95%)$5,15972 (82%)$3,515
2018-1975 (99%)$5,82970 (92%)$2,909
2019-2072 (100%)$5,97271 (99%)$3,549
2020-2193 (97%)$5,55892 (96%)$3,347
2021-2282 (98%)$6,12080 (95%)$6,199
2022-2380 (91%)$5,76578 (89%)$6,513
Average78 (96.56%)$5,79973 (90.33%)$3,985
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 77 (95.11 % of students) received Pell (federal) grants and its average amount is $5,693.

In addition, 5 students received State/local government grants/scholarships (6.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1570 (96%)$5,43610 (14%)$6929 (12%)$1,72810 (14%)$258
2015-1676 (96%)$5,68011 (14%)$6298 (10%)$1,7158 (10%)$253
2016-1769 (97%)$5,81311 (15%)$6183 (4%)$1,7338 (11%)$251
2017-1872 (82%)$5,83610 (11%)$5654 (5%)$1,4139 (10%)$211
2018-1975 (99%)$5,59214 (18%)$5977 (9%)$1,2493 (4%)$220
2019-2072 (100%)$5,81512 (17%)$5963 (4%)$1,2422 (3%)$200
2020-2193 (97%)$5,4915 (5%)$6003 (3%)$9502 (2%)$200
2021-2282 (98%)$5,99711 (13%)$6503 (4%)$8332 (2%)$205
2022-2380 (91%)$5,57615 (17%)$7653 (3%)$8575 (6%)$200
Average77 (95.11%)$5,69311 (13.78%)$6355 (6.00%)$1,3025 (6.89%)$222
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 73 (90.33 % of students) get any students loan help and its average loan amount is $73.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1568 (93%)$3,31566 (90%)$2,85615 (21%)$2,463
2015-1665 (82%)$3,51665 (82%)$3,3355 (6%)$2,351
2016-1760 (85%)$2,99860 (85%)$2,9042 (3%)$2,804
2017-1872 (82%)$3,51572 (82%)$3,4183 (3%)$2,317
2018-1970 (92%)$2,90970 (92%)$2,6433 (4%)$6,217
2019-2071 (99%)$3,54971 (99%)$3,2883 (4%)$6,175
2020-2192 (96%)$3,34792 (96%)$3,2152 (2%)$6,100
2021-2280 (95%)$6,19980 (95%)$6,1251 (1%)$5,880
2022-2378 (89%)$6,51376 (86%)$5,74312 (14%)$5,958
Average73 (90.33%)$3,98572 (89.67%)$3,7255 (6.44%)$4,474

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